Dead Sheep, Dumped Crops as China Covid Rules Hit (Bloomberg Supply Lines Newsletter)
Note: From December 2
- The livestock losses and destruction of fresh produce come at a time when many in China are under lockdowns and bracing for food shortages and other supply disruptions. The added pressures threaten to drive up food costs which are already elevated, and undercut Beijing’s push to safeguard supply and eliminate waste.It’s also another sign of how the rural economy is especially hard hit by China’s Covid policies. A shortage of farm labor delayed sowing and harvests, while constraints on transport further reduced sales. While e-commerce has become a new vegetable value chain in China, there are still challenges for smallholders to participate in and benefit from online selling. READ MORE
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